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4121 Grace Avenue , Bronx, NY 10466

$715,000
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Allison Mulhall
Call: (516) 270-5105
Text: (516) 270-5105

New to the Market
MLS#973104
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Nestled in the Wakefield neighborhood of the Bronx, 4121 Grace Avenue is a charming two-family brick home that seamlessly blends timeless character with modern-day potential. Constructed in 1940, this single-story residence offers 1,417 square feet of living space on a 2,375-square-foot lot, presenting a rare opportunity for both homeowners and investors alike. Its classic brick exterior reflects the durability and craftsmanship of its era, while the layout inside provides flexibility that meets today's evolving housing needs. The home is configured as a two-family property, featuring separate living spaces that allow for a variety of uses. Whether you're a buyer looking to offset your mortgage with rental income, an investor seeking a solid addition to your portfolio, or a homeowner planning for multi-generational living, this property checks all the boxes. Each unit offers its own sense of privacy while still being part of a cohesive structure, creating a balance between independence and connection. Inside, the home carries a sense of warmth and practicality. While it maintains elements of its original charm, it also offers a canvas for updates and customization. This is the kind of property where a buyer can move in and enjoy it as-is, or gradually modernize it to match their vision. From reimagining kitchens and baths to enhancing living areas, the potential to add value is clear. For those with an eye for design or long-term investment, this home represents an opportunity to build equity over time. The lot itself, though modest in size, is manageable and functional-ideal for homeowners who prefer low maintenance without sacrificing outdoor space. Whether used for a small garden, outdoor seating, or simply as a private retreat, it adds to the overall livability of the property. In a neighborhood like Wakefield, where space is at a premium, even a compact yard can significantly enhance day-to-day life. Location is where this property truly stands out. Wakefield is known for its strong sense of community, tree-lined streets, and a quieter residential feel compared to other parts of the Bronx. Yet, it remains incredibly well-connected. The home is approximately half a mile from the Nereid Avenue subway station, providing access to the 2 and 5 trains. This makes commuting into Manhattan or navigating other parts of New York City both convenient and reliable-an essential factor for today's buyers. Beyond transportation, the surrounding area offers a wide range of amenities. Residents enjoy proxim

4121 Grace Avenue | MLS# 973104

This multi-family property located at 4121 Grace Avenue , Bronx, NY 10466 is currently listed for sale with an asking price of $715,000. Search Bronx real estate on allisonmulhall.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, See Remarks, Walk-Out Access
Cooling: Wall/Window Unit(s)
Garage: 1
Heating: Baseboard
Home Style: Ranch
Lot Size: 0.05 Acres
Taxes: $4,911
Year Built: 1940

Amenities

Granite Counters

Feature Descriptions

Building Area Total: 1417
Days on Site: 3
Exterior: Brick
Fencing: Back Yard
GarageY/N: Yes
Heating Zones: 1
On Market Date: 2026-03-18
Parcel Number: 05014-0041
Parking Features: Driveway, Garage
Parking Total: 2
Rental Term: Monthly
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public
Water: Public

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Estimated Payment

$ 2,209.07 per month $1,591.28 Principal & Interest $409.25 Property Tax $208.54 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Realty
Agency Contact: 914-245-3400

Shown By

Agent Name: Allison Mulhall
Agent Phone: (516) 270-5105
Agency Title: Laffey Real Estate

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